Firms' timing of production with heterogeneous consumers.

I revisit endogenous timing in a quantity‐setting duopoly game. In the basic model, I show that given strong heterogeneity in consumers' willingness to pay (WTP) and a moderately small consumer segment with low WTP, sequential moving outcomes can appear in equilibrium with the follower enjoying seco...

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Detalles Bibliográficos

Publicado en:	Canadian Journal of Economics Vol. 51; no. 4; pp. 1339 - 1363
Autor principal:	Pan, Cong
Formato:	Artículo
Publicado:	Wiley-Blackwell Nov2018
Materias:	Consumer behavior Production (Economic theory) Economic equilibrium Economic competition Willingness to pay Pricing
Acceso en línea:	Ver este registro en EBSCOhost